Apr 15, 2024, 7:03 PM
Apr 15, 2024, 12:00 AM

Gainey administration says it's prepared to make needed adjustments to avoid falling off a cliff

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Gainey administration says it's prepared to make needed adjustments to avoid falling off a fiscal cliff

Pittsburgh is about to fall off a fiscal cliff. City says it's prepared to make needed adjustments to avoid falling off a cliff. Mayor says he's ready to make necessary adjustments. City of Pittsburgh is facing a $1.2 billion shortfall in the next fiscal year.

CBS News
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Source
Gainey administration says it's prepared to make needed adjustments to avoid falling off a fiscal cl

Pittsburgh's Gainey administration says it's prepared to make needed adjustments to avoid falling off a fiscal cliff. But tax revenues are declining and pandemic aid is drying up. City controller says it's ready to make the needed adjustments, but tax revenue is declining.

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